Car Park Lease definition
Examples of Car Park Lease in a sentence
The entering into of the 2023 Master Car Park Lease Agreement enables the Group to save the time and resources in managing the car parks owned by the Group and enables the Group to continue to focus on its core business, including the development and operation of stylish department store and lifestyle centre chain in the PRC.
The Board (including the independent non-executive Directors) considers that (i) the terms of the Procurement Agreement and the proposed annual caps thereof for the three years ending 31 December 2024; and (ii) the proposed revised annual caps of the Master Car Park Lease Agreement for the two years ending 31 December 2022 (“Car Park Lease Revised Annual Caps”) are on normal commercial terms and are fair and reasonable and are in the interest of the Company and the Shareholders as a whole.
Accordingly, the entering into of the 2020 Jinqiao Market Management Agreement and the 2020 Master Car Park Lease Agreement, and the transactions contemplated thereunder are subject to announcement, reporting and annual review requirements but are exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.
The terms of the 2023 Master Car Park Lease Agreement were arrived at after arm’s length negotiations taking into account the costs of managing the car parks.
The Directors anticipated that all the applicable percentage ratios in respect of the aggregate amount of rentals receivable by the Group under the Subsisting Car Park Lease Agreement (Yangzhou New City Store Car Park) and the Master Car Park Lease Agreement calculated on an aggregate and annual basis with reference to the annual caps available represent more than 0.1% but are less than 5%.
Car Park Lease Agreement Lorry Park Lease Lease Of. Customershall not lost or verbally harass or to month and security.
Employer agrees that ▇▇▇▇▇ Fargo Home Equity has no duty to share with or disclose to, and in fact, is prohibited by law, from disclosing any information resulting from any credit qualification of the Eligible Employee or the Eligible Employee's residence with the Employer.
The terms of the 2020 Master Car Park Lease Agreement were arrived at after arm’s length negotiations taking into account the costs of managing the car park.
During the year ending 31 December 2021 and as at the date of this announcement, 6 car parks with an aggregate GFA of approximately 218,045 square metres, comprising 4,634 car parking lots at Wuhu New City Store, Xuzhou Store, Wuhu Store, Nanjing Xianlin Store Zone B, Kunming Store Block B and Suzhou Store, were covered by the Master Car Park Lease Agreement after the expiry of the 4 subsisting car park lease agreements on 31 December 2020.
Accordingly, the revised proposed annual caps of the Master Car Park Lease Agreement are subject to announcement, reporting and annual review requirements but are exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.